Cape Coral-Fort Myers vs Peoria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Peoria is 59% cheaper for renters. A 2-bedroom rents for $736/mo vs $1,171/mo in Cape Coral-Fort Myers — saving $5,220/year.
Rent by Unit Size
| Unit Size | Cape Coral-Fort Myers | Peoria | Difference |
|---|---|---|---|
| Studio | $802 | $470 | $332 |
| 1 Bedroom | $985 | $596 | $389 |
| 2 Bedrooms | $1,171 | $736 | $435 |
| 3 Bedrooms | $1,479 | $870 | $609 |
| 4 Bedrooms | $1,690 | $1,074 | $616 |
| Median Income | $72,521 | $39,404 | $33,117 |
Cape Coral-Fort Myers
- Studio
- $802/mo
- 1 BR
- $985/mo
- 2 BR
- $1,171/mo
- 3 BR
- $1,479/mo
- 4 BR
- $1,690/mo
- Median Income
- $72,521/yr
Peoria
- Studio
- $470/mo
- 1 BR
- $596/mo
- 2 BR
- $736/mo
- 3 BR
- $870/mo
- 4 BR
- $1,074/mo
- Median Income
- $39,404/yr
Frequently Asked Questions
Is Cape Coral-Fort Myers or Peoria cheaper to rent in?
Peoria is cheaper — a 2-bedroom Fair Market Rent is $736/mo vs $1,171/mo in Cape Coral-Fort Myers. That's $435/mo or $5,220/year more expensive in Cape Coral-Fort Myers (59% higher).
What is the 2-bedroom rent in Cape Coral-Fort Myers vs Peoria?
The HUD Fair Market Rent for a 2-bedroom in Cape Coral-Fort Myers is $1,171/month. In Peoria, a 2-bedroom FMR is $736/month.
How do incomes compare between Cape Coral-Fort Myers and Peoria?
The median household income in Cape Coral-Fort Myers is $72,521/year. In Peoria it is $39,404/year. Cape Coral-Fort Myers has the higher median income.
What is the studio rent in Cape Coral-Fort Myers vs Peoria?
A studio apartment Fair Market Rent in Cape Coral-Fort Myers is $802/mo. In Peoria it is $470/mo.